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Strategies & Market Trends : Sharck Soup

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To: DlphcOracl who wrote (36161)	9/27/2001 2:08:24 PM
From: puborectalis	of 37746

Texas Instruments Falls as Goldman Cuts Chips Estimates By TSC Staff 09/27/2001 01:11 PM EDT Texas Instruments (TXN:NYSE - news - commentary - research) was down 8% in early afternoon after Goldman Sachs cut earnings and revenue estimates for the communications chip sector to match the perceived impact of the Sept. 11 attacks. In a research note, Goldman said "hits to consumer and corporate confidence clearly suggest ratcheting down assumptions for the next few quarters.'' National Semiconductor (NSM:NYSE - news - commentary - research) was one of the biggest percentage losers on Goldman's list, down 13% in early afternoon. Other companies on the list include Analog Devices (ADI:NYSE - news - commentary - research), Altera (ALTR:Nasdaq - news - commentary - research), and LSI Logic (LSI:NYSE - news - commentary - research). Intel (INTC:Nasdaq - news - commentary - research) wasn't mentioned in the list, but was nonetheless suffering this afternoon, down 5.7%, while Applied Micro Circuits (AMCC:Nasdaq - news - commentary - research) was down 8.4%.

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